01/04/2021
The CBN had emphasised its commitment to ensuring an enabling environment for efficient cheque processing and other paper-based payment instruments through complete application of new and already adopted technologies.
01/04/2021
Kenyan lenders are required to pay the annual deposit insurance premiums in July of every year
01/04/2021
The 56 insurers and five re-insurers paid Sh15.3 billion in claims pushing them into losses.
12/31/2020
It is argued that East African governments will spend a significant portion of their revenues on debt servicing thereby reducing the funding for development projects amid diminishing revenue collections.
12/31/2020
The question of the day is, “are we mentally and spiritually resilient to enter 2021 despite the drawbacks of the year 2020?”
12/31/2020
Banks have cited delays by the CBK, the regulator, in approving a risk-based loan pricing formula amid a coronavirus-induced slowdown in economic activities for increased lending to the Treasury at the expense of the private sector.
12/29/2020
She assured that contributors under the Contributory Pension Scheme (CPS) can be rest assured that the Pension Fund Administrators (PFAs) and Pension Fund Custodian (PFCs) together with the regulator PenCom will continue to ensure the safety of pension as
12/29/2020
KPMG served as the long-standing auditors of the Guptas’ Oakbay Investments.
12/28/2020
Nature-based solutions are emerging as essential climate-change mitigation and adaptation strategies in Africa
12/28/2020
Voluntary contributions under these guidelines shall be non-obligatory contributions made by any employee in the formal sector through the employer.
12/28/2020
CBN said over one million banks’ customers took loans from their financial institutions in the last one year below 20% interest rate.
12/24/2020
Debt ratings have also been upgraded by one notch.
12/24/2020
At least five other countries, including Germany and Turkey, have banned flights from here.
12/23/2020
In September 2018, BBS Limited listed its shares on the Botswana Stock Exchange Limited (BSEL) and was hoping to use the move as a springboard to become a fully-fledged commercial bank.
12/23/2020
Safaricom said yesterday the lower fees was in line with an agreement with the banking regulator
12/23/2020
The recent action by the CBN was sequel to a debit of N226bn recorded a month earlier.
12/23/2020
The prosecutor’s report shared in November led to increased review of the gold royalties deal.
12/23/2020
Local investors have been piling into the stock market to hedge against inflation that climbed above 75% in April.
12/22/2020
Service defines us, empowers you
12/22/2020
While banks take on measures to curtail the menace of cyber and monetary fraud, consumers ought to be more aware of the risks of card fraud and the ways in which they can protect themselves from falling victim.